US tech can’t quit China and Netflix dives into Asia
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Artificial intelligence
Farm robots poised for growth as labour costs rise
Humans used to be much cheaper and far more dexterous. Those advantages are eroding fast
Artificial intelligence
It is in the UK’s interest to treat investment research as a public good
The declining volume and quality of analyst coverage should carry some of the blame for the City’s problems
Financial & markets regulation
A global subsidy war? Keeping up with the Americans
Washington’s allies in Europe and Asia were initially outraged by its new industrial policy. Now they are scrambling for ways to catch up
Renewable energy
Meta to release commercial AI model in effort to catch rivals
Microsoft-backed OpenAI and Google are surging ahead in Silicon Valley development race
Social Media, Artificial intelligence
What comes next for Microsoft’s $75bn Activision Blizzard deal?
Plus, the insurer that’s still bullish on debt-laden UK utilities and Japanese companies scout M&A deals in the US
Mergers & Acquisitions, Financial & markets regulation
US money market funds face fees to deter a ‘dash for cash’ repeat
Divided Securities and Exchange Commission adopts rule targeting ‘prime’ funds in $5.4tn industry
Financial & markets regulation
Elon Musk launches xAI in challenge to dominance of ChatGPT owner
Tesla boss formally enters artificial intelligence race in effort to catch up with OpenAI and rivals
Artificial intelligence
Lebanon central bank deputy calls for urgent replacement of departing governor
Salim Chahine says successor to Riad Salameh must be named soon to avoid further slide in the volatile pound
Central banks
Egypt announces $1.9bn sale of state assets
First significant privatisations aimed at raising foreign currency revenue to shore up its pound
Mergers & Acquisitions